Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $419,000, Annual capital growth 13.44%, Number of sales 97, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

With a capital gain of -11.32% for the last 12 months, Alkimos, 6038 has performed for property investments than its average annual 13.44% property growth over the last 5 years.

Alkimos,6038 has offered an average of -11.32% return per annum in house price rises to property investors over the last three years.

Alkimos6038 is located in WA which offers an average discount of -8.21% to property investors. Alkimos itself is showing figures that indicate -7.67% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $390 mark per week – giving a return of 4.84% based on the median price in Suburb

YIP MAG Information supplied by:

YIP MAG
June 2016

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While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.Full summary While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.

The median house price in Alkimos, a suburb named after a Greek freighter shipwrecked off its coast in the 1960s, sits at a respectable $488,500.

Even more respectable is the recent capital growth seen in the area: the median house price has surged by a remarkable 109% in the past five years.

That impressive run may have come to an end though, with only 2% growth recorded in the past year and houses spending close to 100 days on the market.

The strong growth seen in Alkimos has pulled back the suburb’s rental returns, with yields currently sitting at 4%.Close
HOUSE UNIT
$419,000 N/A
-6.89% N/A
-11.32% N/A
13.44% N/A
$390 N/A
97 N/A
4.84% N/A
135.17 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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